Stocks and News
Home | Week in Review Process | Terms of Use | About UsContact Us
   Articles Go Fund Me All-Species List Hot Spots Go Fund Me
Week in Review   |  Bar Chat    |  Hot Spots    |   Dr. Bortrum    |   Wall St. History
Stock and News: Hot Spots
  Search Our Archives: 
 

 

Wall Street History

http://www.gofundme.com/s3h2w8

AddThis Feed Button

   

12/13/2013

It's All About Jobs

While the European economy is stabilizing after a brutal recession, the future growth outlook remains tepid at best...1% or so for 2014, for example, in the eurozone.

There will be no sustained recovery without a decline in unemployment rates, which remain staggeringly high in some nations.

So I thought we’d look at the October 2013 jobless rate for selected countries, as put out by the European Union’s statistical arm, Eurostat, versus the 2008, pre-crisis average.

Austria 3.8% (2008)...4.8% (10/13)
France 7.8%...10.9%
Germany...7.5%...5.2%
Netherlands...3.1%...7.0%

Cyprus...3.6%...17.0%
Greece...7.7%...27.3% (8/13)
Ireland...6.3%...12.6%
Italy...6.7%...12.5%
Portugal...7.7%...15.7%
Spain...11.3%...26.7%

Eurozone...7.6%...12.1% [peak 12.2%]
United Kingdom...5.6%...7.5% (8/13)
United States...5.8%...7.0% (11/13)

And you have some of the following sickening youth unemployment rates (under 25); October 2013 unless otherwise noted.

Greece...58.0% (8/13)
Italy...41.2%
Portugal...36.5%
Spain...57.4%

Source: Eurostat

Wall Street History will return in two weeks.

Brian Trumbore



AddThis Feed Button

 

-12/13/2013-      
Web Epoch NJ Web Design  |  (c) Copyright 2016 StocksandNews.com, LLC.

Wall Street History

12/13/2013

It's All About Jobs

While the European economy is stabilizing after a brutal recession, the future growth outlook remains tepid at best...1% or so for 2014, for example, in the eurozone.

There will be no sustained recovery without a decline in unemployment rates, which remain staggeringly high in some nations.

So I thought we’d look at the October 2013 jobless rate for selected countries, as put out by the European Union’s statistical arm, Eurostat, versus the 2008, pre-crisis average.

Austria 3.8% (2008)...4.8% (10/13)
France 7.8%...10.9%
Germany...7.5%...5.2%
Netherlands...3.1%...7.0%

Cyprus...3.6%...17.0%
Greece...7.7%...27.3% (8/13)
Ireland...6.3%...12.6%
Italy...6.7%...12.5%
Portugal...7.7%...15.7%
Spain...11.3%...26.7%

Eurozone...7.6%...12.1% [peak 12.2%]
United Kingdom...5.6%...7.5% (8/13)
United States...5.8%...7.0% (11/13)

And you have some of the following sickening youth unemployment rates (under 25); October 2013 unless otherwise noted.

Greece...58.0% (8/13)
Italy...41.2%
Portugal...36.5%
Spain...57.4%

Source: Eurostat

Wall Street History will return in two weeks.

Brian Trumbore